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The $10,000 BYD Seagull EV is scaring the U.S. auto industry

Teslarati

market, the company’s recent release of a city EV with a price tag under $10,000 has some worried for when it and other low-cost companies do. BYD launched its Seagull, a small hatchback EV with a price tag starting at 69,800 yuan (~$9,773), at the Shanghai Auto Show last year. auto market anytime soon , some U.S.

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GM expands to new European markets with its luxury $93K Lyriq

Baua Electric

2024 Cadillac Lyriq Sport trim (Source: Cadillac) General Motors is banking that Europeans will want an American-made $93,000 SUV that has zero emissions – but the US brand has had plenty of trouble getting production off the ground on its home turf. In 2022, GM sold only 122 Lyriqs. The luxury market is where the focus is right now.”

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GM Investing $145M for Future Small Cars at Orion Assembly

Green Car Congress

General Motors will invest $145 million in the Orion Assembly Center (lake Orion, Mich.), which be will be the home to Chevrolet’s new small car and Buick’s future compact sedan, the Verano. Orion Assembly is in the process of retooling the plant, which last built GM midsize sedans, for the future small cars.

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GM Shows Picture of New Chevrolet Agile for Mercosur Market

Green Car Congress

General Motors provided an image of the new Chevrolet Agile, a small car designed in Brazil and due to launch in that market in October. The Agile is the first model of the Viva family; Project Viva represents a US$400 million investment by GM un Brazil and Argentina. GM began doing business in Brazil in 1925.

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GM Daewoo Launching Chevrolet Cruze in Vietnam

Green Car Congress

GM Daewoo Auto & Technology (GM Daewoo) and Vietnam Daewoo Motor Company (VIDAMCO) are launching the Chevrolet Cruze in Vietnam. The new global model is based on the Lacetti Premiere sold by GM Daewoo in Korea. —GM Daewoo President and CEO Mike Arcamone. Tags: Brief.

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GM India to Manufacture 1.0L Diesel and 1.2L Gasoline Beat Engines at Talegaon Plant

Green Car Congress

GM India will manufacture the 1.0-liter liter diesel for the Beat small car at its Talegaon manufacturing facility near Pune. The auto major will also manufacture its 1.2-litre Tags: Brief. This manufacturing plant at Talegaon has a capacity to produce 1,60,000 engines. “By

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GM Evaluating Offers for Saturn; Fiat Eyeing GM Europe in Addition to Chrysler

Green Car Congress

General Motors issued a short statement announcing that it is proceeding to the next step with respect to the sale of Saturn. GM said it will be reviewing expressions of interest from the potential buyers and will look to secure an agreement with a specific buyer later this year. Tags: Brief.

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